FAQ
OTC (Over-the-Counter) trading happens directly between a buyer and seller with a broker’s help. These trades don’t show up on public order books and are better for large transactions. Exchange trading is public, automated, and better for smaller, everyday trades. Prices on exchanges can fluctuate quickly due to market demand.
Some are. Platforms like OSL and HashKey are licensed by the Securities and Futures Commission (SFC) and follow strict compliance rules. Others, like Crypto HK and Quantum OTC, are unlicensed at the time of writing. Always check the SFC register before trading.
Yes, but not all. Platforms like Quantum OTC and Crypto HK cater to retail users, allowing walk-in cash transactions and smaller trade sizes. Regulated platforms like OSL and HashKey typically require you to qualify as a professional investor and have very high trade minimums.
It can be, if you choose the right platform. Licensed desks offer strong security and legal protection. Unlicensed platforms may still be reliable but come with higher risk. Always verify a platform's reputation, confirm their fees, and follow safe trading practices like using secure wallets and getting trade terms in writing.